Barclays Initiates Coverage on Dollar General Corp. to Equal-weight

Barclays Initiates Coverage on Dollar General Corp.(NYSE:DG). The shares have been rated Equal-weight. The rating by Barclays was issued on Sep 23, 2016.

In a different note, On Sep 7, 2016, Wolfe Research said it Downgrades its rating on Dollar General Corp.. The shares have been rated ‘Underperform’ by the firm. On Sep 6, 2016, Goldman Sachs said it Assumes its rating on Dollar General Corp.. The shares have been rated ‘Neutral’ by the firm. On Aug 31, 2016, Citigroup said it Maintains its rating on Dollar General Corp.. In the research note, the firm Lowers the price-target to $107.00 per share. The shares have been rated ‘Buy’ by the firm. On Aug 31, 2016, Atlantic Equities said it Downgrades its rating on Dollar General Corp.. The shares have been rated ‘Neutral’ by the firm. On Aug 26, 2016, Telsey Advisory Group said it Downgrades its rating on Dollar General Corp.. The shares have been rated ‘Market Perform’ by the firm. On Aug 26, 2016, Deutsche Bank said it Maintains its rating on Dollar General Corp.. In the research note, the firm Lowers the price-target to $99.00 per share. The shares have been rated ‘Hold’ by the firm.

Dollar General Corp. (DG) shares turned negative on Tuesdays trading session with the shares closing down -0.09 points or -0.13% at a volume of 24,16,510. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $72.36. The peak price level was also seen at $72.36 while the days lowest was $71.29. Finally the shares closed at $71.6. The 52-week high of the shares is $96.88 while the 52-week low is $59.75. According to the latest information available, the market cap of the company is $20,173 M.

Dollar General Corp.(DG) last announced its earnings results on Aug 25, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $5.39B. Analysts had an estimated revenue of $5.50B. Earnings per share were $1.08. Analysts had estimated an EPS of $1.09.

Several Insider Transactions has been reported to the SEC. On Sep 1, 2016, Michael M Calbert (director) purchased 13,000 shares at $75.53 per share price.Also, On Aug 29, 2016, William C Iii Rhodes (director) purchased 5,000 shares at $76.30 per share price.On Jun 6, 2016, Anita C Elliott (SVP & Chief Accounting Officer) sold 2,947 shares at $91.11 per share price, according to the Form-4 filing with the securities and exchange commission.

Dollar General Corporation is the discount retailer in the United States. The Company offers a selection of merchandise including consumables seasonal home products and apparel. Consumables category includes paper and cleaning products; packaged food; perishables; snacks; health and beauty; pet and tobacco products. Seasonal products include decorations toys batteries small electronics greeting cards stationery prepaid phones and accessories gardening supplies hardware automotive and home office supplies. Home products includes kitchen supplies cookware small appliances light bulbs storage containers frames candles craft supplies and kitchen bed and bath soft goods. Apparel includes casual everyday apparel for infants toddlers girls boys women and men as well as socks underwear disposable diapers shoes and accessories. Its merchandise includes national brands and private brands selections. It operates approximately 11879 stores located in over 43 states.

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